Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and half year ended September 30, 2026
Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI LODR Regulations
Audit Opinion:
Clean audit opinion (unmodified) issued by Deloitte Haskins & Sells LLP
Auditor's Comment: No qualifications or modifications affecting earnings quality, internal controls, or going concern
Key Financial Highlights [₹ in millions]:
Standalone Results:
Quarter ended September 30, 2026:
- Revenue from Operations: ₹189,416 (vs ₹177,700 in Q2 FY26, +6.6% YoY)
- Total Income: ₹196,121
- Net Profit: ₹28,627 (vs ₹26,142 in Q2 FY26, +9.5% YoY)
- EPS: ₹2.89 (Basic and Diluted)
Half year ended September 30, 2026:
- Revenue from Operations: ₹373,598 (vs ₹349,654 in H1 FY26, +6.8% YoY)
- Total Income: ₹388,977
- Net Profit: ₹57,284 (vs ₹63,103 in H1 FY26, -9.2% YoY)
- EPS: ₹5.63 (Basic and Diluted)
Balance Sheet Position (Standalone) as of September 30, 2026:
- Cash and Cash Equivalents: ₹15,325 (vs ₹26,778 as of March 31, 2026)
- Total Debt: ₹71,500 (Borrowings) + ₹4,767 (Lease liabilities) = ₹76,267
- Other Equity: ₹511,854
- Total Assets: ₹885,319
Consolidated Results:
Quarter ended September 30, 2026:
- Revenue from Operations: ₹247,527
- Net Profit: ₹31,997
- EPS: ₹3.23 (Basic and Diluted)
- Profit attributable to equity holders: ₹31,997
Half year ended September 30, 2026:
- Revenue from Operations: ₹492,313
- Net Profit: ₹65,560
- EPS: ₹6.43 (Basic and Diluted)
- Profit attributable to equity holders: ₹65,560
Balance Sheet Position (Consolidated) as of September 30, 2026:
- Cash and Cash Equivalents: ₹95,016 (vs ₹105,555 as of March 31, 2026)
- Total Debt: ₹185,021 (Borrowings) + ₹9,570 (Lease liabilities) = ₹194,591
- Goodwill: ₹403,938
- Total Assets: ₹1,355,267
- Total Equity: ₹791,307
Segment-wise Performance:
IT Services Segment (Q2 FY27):
- Americas 1: Revenue ₹84,985, Segment Result ₹16,009
- Americas 2: Revenue ₹63,194, Segment Result ₹11,222
- Europe: Revenue ₹67,546, Segment Result ₹11,309
- APMEA: Revenue ₹30,945, Segment Result ₹4,323
- Total IT Services Revenue: ₹246,670
- Total IT Services Segment Result: ₹40,726
IT Products Segment (Q2 FY27):
- Revenue: ₹1,512
- Segment Result: (₹72) loss
Corporate Actions:
Buyback of Equity Shares:
- Board approved on April 16, 2026
- Buyback of 600,000,000 equity shares (5.7% of paid-up capital)
- Buyback price: ₹250 per share
- Total amount: ₹150,000 million
- Tender period: June 11-17, 2026
- Settlement completed: June 24, 2026
- Shares extinguished: June 25, 2026
- Total cash outflow: ₹150,508 million (including transaction costs of ₹508 million)
- Utilized from securities premium: ₹8,457 million
- Utilized from retained earnings: ₹142,051 million
- Capital redemption reserve created: ₹1,200 million
- Paid-up equity share capital reduced by: ₹1,200 million
Other Significant Information:
Subsidiary Acquisitions:
- Acquired additional 20% stake in Aggne Global Inc. (effective June 1, 2026)
- Acquired additional 20% stake in Aggne Global IT Services Private Limited (effective June 18, 2026)
- Acquired 100% shareholding in Mindsprint Pte Ltd. and its subsidiaries (effective May 15, 2026)
Employee Benefits Impact:
- Employee benefits expense includes impact of past service cost on gratuity and remeasurement of leave encashment due to implementation of new labour code amounting to ₹2,756 million for year ended March 31, 2026
Impairment Charge:
- Recognized impairment charge of ₹851 million for year ended March 31, 2026 on customer-relationship and marketing related intangible assets due to decline in revenue and earnings estimates